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For American Pharma, time is of the essence; Can drugmaker hold onto market advantage for new cancer drug?

Publication: Crain's Chicago Business
Publication Date: 24-JAN-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: For American Pharma, time is of the essence; Can drugmaker hold onto market advantage for new cancer drug?(News)(American Pharmaceutical Partners Inc.)

Article Excerpt
Byline: SARAH A. KLEIN

One of the chief selling points of American Pharmaceutical Partners Inc.'s recently approved breast cancer drug is the speed with which it enters the body to kill deadly tumors.

To stave off competition, the Schaumburg-based specialty pharmaceutical company must also act quickly. The window of opportunity for the drug-which analysts say may be worth as much $500 million a year in sales-is limited.

Under U.S. Food and Drug Administration (FDA) rules, American Pharmaceutical has only three years to keep private the test data for Abraxane, which the FDA approved earlier this...

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